Bitcoinik

ETHUSD? what next movement? price analysis?

Short
Bitcoinik Updated   
BITFINEX:ETHUSD   Ethereum
Hey guys, i know it's quite late for short but can still grab some profit. Seem like market following down channel pattern from a very long time and recently tested it's resistance as per channel but before that we see a small consolidation near resistance and breakdown and market moving down and can test our support line (Purple) drawn and market can again consolidate nearby there. We will update our idea as per market till then happy trading.
Trade active:
Try to book first profit at $122 further targets will will updated later.
Trade active
Trade active
Trade active:
!st target achieved!!!
Comment:
2nd Target will be $103-106
Trade active:
the market is entering in the blue zone and will accumulate their or test and bounce back!!!!!

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